Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Celsius
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators
Steve Kokinos, Creditors Named to Run Celsius 2.0
Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee.
Celsius Token Holders Lose Bid to Hike CEL Valuation
Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation
Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Bankrupt crypto lender Celsius is to hold a vote on its plan to sell assets to the Fahrenheit consortium, after a judge on Thursday approved disclosures that suggested creditors can expect to recover 67%-85% of holdings. Approval marks a final stepping stone on Celsius’ year-long march out of bankruptcy and the return of funds to … Read more